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receivership

Word family
Related topics: Companies, Finance
re·ceiv·er·ship /rɪˈsiːvəʃɪp $ -vər-/ noun [uncountableU]  
BBCBFif a business is in receivership, it is controlled by an official receiver because it has no money 破产管理,破产产业接管
 The company went into receivership with massive debts.
该公司负债累累,已经由破产管理人接管。
Examples from the Corpus
From Longman Business Dictionary
receivershipre·ceiv·er·ship /rɪˈsiːvəʃɪp-vər-/ noun [uncountableU]LAWFINANCE
when a business is put under the control of a receiver, especially because it is bankrupt
The company has since gone into receivership.
The business is now threatened with receivership.
re·ceiv·er·ship noun
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